TAMAN JAYA

Area Intelligence
4 subsale transactions
2024
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Median Price
RM 415,000
PSF: RM 272

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 234

Commercial PSF Trends

Median Price

RM 720,000

RM 505 PSF

TAMAN JAYA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 415K and a median price per square foot (PSF) of RM 272.

This area contains both residential and commercial properties. View 11 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 415K, with most transactions falling within a stable range of RM 360K to RM 559K, and a typical market range of RM 360K to RM 490K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 272, though individual units vary from RM 150 to RM 393 in the core range. The broader market spans RM 207.88 to RM 335.13, indicating diverse property characteristics. A wider spread (IQR: RM 127.25) and deviation (MAD: RM 121) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN JAYA, Seberang Perai Tengah, Penang

OSM

Transactions

4 transactions grouped by size

1,250 sqft
Double Storey Terraced
RM 380,000
JALAN ANGGEREK
1,229 sqft · RM 309.00 PSF
Aug 2024
1,400 sqft
Double Storey Shop
RM 720,000
JALAN KULIM
1,425 sqft · RM 505.00 PSF
Oct 2024
1,900 sqft
RM 450,000
Double Storey Semi-D JALAN MELATI
1,920 sqft · RM 234.00 PSF
Aug 2024
RM 360,000
Single Storey Semi-D JALAN MELATI
1,920 sqft · RM 188.00 PSF
Mar 2024